Owner Urban Edge Properties required turn-key upgrades for incoming tenant, Burlington, at 40,000-square-foot retail site

JLL Project and Development Services (PDS) announced today the completion of Urban Edge Properties’ multimillion-dollar renovation of a 40,000-square-foot retail property in Amherst, N.Y. The retail site was a former Toys ‘R’ Us store that now houses Burlington, a national apparel and home product retailer. Urban Edge Properties is a leading REIT that acquires, develops, owns, manages and improves shopping centers in and on the edge of urban communities.

“Our five-month management oversight enabled the tenant to move in on time as specified in their agreement with Urban Edge” stated Joseph Denn, vice president and greater New York region market leader for JLL PDS. “We came aboard after both the design and contract document phases of the project had been completed and a general contractor had been selected. Repairs to the exterior masonryfaçade posed a significant challenge given the budget and tight schedule, but we were able to successfully accomplish both.”

JLL’s Project and Development Services division helps clients through all stages of realizing challenging capital projects, with an emphasis on managing scope, cost, schedule, and the mitigation of risk. JLL PDS first works with clients to define their project success criteria, then assembles the professional team required to deliver the project successfully to completion. JLL PDS has a diverse practice, accomplishing projects of all sizes, building types, and serving many different industries.

“The Urban Edge Amherst project is another example of our growing practice throughout Greater New York State” said Don Bucci, Managing Director of JLL PDS’s office which serves Greater New York and Connecticut. “We are currently providing project management and owner’s representation services on projects in Albany, Rochester, Buffalo, Syracuse, and Corning.”

JLL is an integrated Real Estate Services firm offering brokerage, capital markets, property/facilities management, consulting, and project and development services. They are industry leaders, with more than 2,600 of the most recognized industry experts in the New York, New Jersey / Connecticut markets.

About Urban Edge Properties

Urban Edge Properties is a NYSE-listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.

AboutJLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.